Roofers end strike against contractors

MERRILLVILLE – The strike between Local 26 of the United Union of Roofers, Waterproofers and Allied Workers and the Northwest Indiana Roofing Contractors Association has ended. A tentative agreement has been reached and work as resumed throughout the region, according Don Schwartz, a Chicago lawyer who was involved in the negotiations. The issue was wages […]

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Centier mid-year earnings are up

MERRILLVILLE – Centier Bank has announced mid-year earnings of $11.1 million for the first six months of the year, compared to $5.5 million last year. The bank reported significant improvement in loan delinquencies and reduced loan losses are expected to continue through 2012. Centier also announced it will expand its mortgage services in Lafayette and

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Company to build Midwest HQ in Mishawaka

MISHAWAKA – North American Composites Co., a division of Interplastic Corp., has announced it will locate its Midwestern headquarters in Mishawaka. Work has begun on a 50,000-square-foot building it acquired on 12th Street. The company, which is based in Minnesota, will spend $600,000 on the building and an additional $650,000 on equipment. North American Composites

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Horizon Bank post 2nd quarter profit

MICHIGAN CITY – Horizon Bank has announced a second quarter profit of $4.9 million, the highest in the bank’s history. One year ago, Horizon posted a profit of $3.1 million. President and CEO Craig Dwight attributed the record profit to reduction in provisions for loan losses, more revenue from mortgages and a renewed focus on

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